As the inaugural Mushroom Summit concludes, many will be left inspired about what the future holds for the functional mushroom sector, however, perhaps even more questions will be asked on where we can grow from here? With all the knowledge gained and relationships forged at this event, what are the best strategies to pursue when it comes to commercialization, growth and responsibility? How can the industry work more closely together to create the standards and practices that will enable this sector to thrive?
A byproduct of the pandemic, more Americans continue to focus on personal health and wellness, so the opportunity for functional mushrooms is significant - and the capital markets have noticed. According to a variety of reports, the functional mushroom market size is expected to exceed $21BNUS and is expected to expand at a compound annual growth rate (CAGR) of 9.5% from through 2028. The big question remains how this type of growth can be achieved. To better understand the strategic and tactical approaches that could bear the most fruit, we turn to industry experts that have navigated the mushroom industry for decades.